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Averaging uneven income
Consultants, builders and project businesses rarely bill the same each month. A lender looks across three to twelve months, averages the turnover, and checks that the average comfortably covers repayments even in quieter months. A seasonal pattern is handled the same way.
Presenting a variable book
Show enough history to reveal the rhythm, and keep a buffer so repayments are met in the troughs. A facility structured to the cash-flow shape — or invoice-based borrowing — can fit lumpy income well.
Applying
Bring 6-12 months of statements to show the pattern, size it with the affordability calculator and apply online.
Frequently asked questions
How do lenders handle months with no income?
They average across a period and check the repayment is affordable even in lean months. A visible, understandable pattern reassures more than a flat but thin one.
Is invoice finance better for irregular income?
It can suit project businesses, releasing cash against invoices as they are raised. Compare it with a term facility against your averaged cash flow.
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